AI assistant
LATTICE SEMICONDUCTOR CORP — Director's Dealing 2020
Aug 5, 2020
30613_dirs_2020-08-05_16f6a684-7289-429d-989e-9d131c2a9cb7.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LATTICE SEMICONDUCTOR CORP (LSCC)
CIK: 0000855658
Period of Report: 2020-07-31
Reporting Person: Milstead Byron Wayne (VP Corp, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-31 | Common Stock | M | 3679 | $5.73 | Acquired | 8549 | Direct |
| 2020-07-31 | Common Stock | S | 3679 | $31.01 | Disposed | 4870 | Direct |
| 2020-07-31 | Common Stock | S | 4870 | $31.01 | Disposed | 0 | Direct |
| 2020-08-02 | Common Stock | M | 3456 | $0.0 | Acquired | 3456 | Direct |
| 2020-08-02 | Common Stock | F | 1284 | $31.09 | Disposed | 2172 | Direct |
| 2020-08-02 | Common Stock | M | 9214 | $0.0 | Acquired | 11386 | Direct |
| 2020-08-02 | Common Stock | F | 4465 | $31.09 | Disposed | 6921 | Direct |
| 2020-08-03 | Common Stock | S | 1251 | $31.07 | Disposed | 5670 | Direct |
| 2020-08-03 | Common Stock | S | 4749 | $31.07 | Disposed | 921 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-31 | Non-Qualified Stock Option (right to buy) | $5.73 | M | 3679 | Disposed | 2024-10-18 | Common Stock (3679) | Direct |
| 2020-08-02 | Performance Restricted Stock Unit (PRSU) | $0.0 | M | 9214 | Disposed | Common Stock (9214) | Direct | |
| 2020-08-02 | Restricted Stock Unit (RSU) | $0.0 | M | 3456 | Disposed | Common Stock (3456) | Direct |
Footnotes
F1: Restricted Stock Units - no purchase price for this transaction.
F2: These shares were retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of the restricted stock units. The amount retained by the Issuer was not in excess of the amount of the tax liability.
F3: This option to purchase shares of common stock becomes exercisable over a three and half year period where in 1/14th of the total shares granted vest on each quarterly anniversary of the grant date.
F4: Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuers common shares without payment of specific consideration.
F5: Performance Restricted Stock Units (PRSUs) vest as follows: one-third of the PRSUs will vest on each anniversary of the date of grant, subject to the achievement of certain performance conditions.
F6: Not applicable.
F7: This grant of Restricted Stock Units (RSUs) vest as follows: 25% of the RSUs will vest upon the one-year anniversary of the grant date and an additional 6.25% of the RSUs vest each three months thereafter until 100% of the RSU grant is vested.